Report indicates a recovery in Hong Kong's residential property market by 2025, with transaction volume reaching a new high in four years.
The Hong Kong Special Administrative Region Government's Rating and Valuation Department released a report on the 24th, stating that against the backdrop of Hong Kong's booming economy, the residential property market in Hong Kong is set to fully recover in 2025, benefiting from strong performance in the Hong Kong financial market and a decrease in the base interest rate. The building sales market has shown a significant rebound, with prices recording a moderate increase after three consecutive years of decline, and trading volume reaching a new high in four years.
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